Market Newsdesk

MIAMI, Sept. 14, 2021 /PRNewswire/ — Chris Marlin has stepped down as President of Lennar International LLC after eight years in the role.  Mr. Marlin founded Lennar International as the foreign home sales and marketing arm of Lennar Corporation (NYSE:LEN) and a leader in global capital sourcing.

Mr. Marlin, who previously served as Lennar’s litigation chief, managed hubs in China, Hong Kong, Europe, India and Brazil for Lennar International. He had executive leadership responsibilities for Lennar’s massive Treasure Island project in San Francisco and led the company’s foreign capital formation strategies, including building substantial relationships with Chinese institutional investors. He also implemented investments that focused on expanding Lennar International’s technology, data and artificial-intelligence capabilities.

Under Mr. Marlin’s direction, Lennar became the number one destination in the  homebuilding sector for foreign buyers purchasing new homes in the U.S. As the head of Lennar International, he also positioned the company as a preferred destination for foreign institutional capital.

Mr. Marlin, 49, served as interim general counsel in 2005 and helped steer Lennar through the multi-billion dollar “Chinese Dry Wall” supply chain issue coming into the global financial crisis.

Mr. Marlin will remain involved in real estate investment, focusing on foresight and risk strategies with an emphasis on ClimateTech and PropTech. He recently was named a strategic advisor and member of the Board of Directors of Singapore-based ClimateAlpha.ai, an AI-driven software and advisory firm that leverages machine learning to produce price and other forecasts for real estate assets, including climate impacts. Marlin also will advise Vesta Ventures, a residential sector early-stage investment fund.

Mr. Marlin serves on the board of the Washington-based Atlantic Council and is a member of the World Economic Forum’s Global Future Council on Cities of Tomorrow in Geneva and the Boao Forum for Asia in Beijing. During the pandemic, he assumed a leadership role for the Commission on the National Response Enterprise for a national security think tank. Based in Miami, Mr. Marlin is an active member of Young Presidents Organization.

 

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SOURCE Chris Marlin

SEATTLE, Sept. 14, 2021 /PRNewswire/ — As employers make — or delay — plans to reopen workplaces this fall, new Zillow research¹ finds that nearly 40% of U.S. workers (39%) still don’t know if or how often they’ll be working in person. More than one-third of those workers (35%) say that uncertainty is impacting their ability to make decisions about their lives, such as the decision to move.

Remote work is already fueling the Great Reshuffling, as people who no longer have to be at their workplace five days a week prioritize affordability and space over a short commute. This data suggests there’s far more reshuffling to come as employers and employees decide what their future will look like. 

The lasting shift to remote work is being driven by employee preferences. After many workers spent a year and a half working from home, an overwhelming number of them want to keep that flexibility once the pandemic has ended. Zillow’s survey finds 84% of U.S. workers want to work remotely at least a few days a month, and 44% want to work from home all the time.

Half of millennial and Gen Z workers who don’t yet know their employer’s post-pandemic plans say they’re at least somewhat likely to consider getting a new job if they end up working in person more often than they would like (50%). Large numbers of workers report that various aspects of working from home are now very or extremely important to them, such as control over their life and their time (69%), and the freedom to live where they want (64%).

“Workers are clear in their desire for more flexibility,” says Meghan Reibstein, vice president of organizational operations at Zillow. “It’s no surprise employees are willing to change jobs to get to this more sustainable way of working, and employers risk losing people if they ignore employees’ preferences. If given the freedom to move, employees can work where they’re happiest and most productive, which is a win for them, their organizations and their communities.”

Remote work has the potential to bring the most significant expansion of economic opportunity and housing affordability witnessed in a generation or more. The ability to work and live anywhere is already opening up housing opportunities all over the country, widely benefiting first-time buyers and renters of color. When given that flexibility, remote or hybrid workers are more likely to say they would move — 23%, compared to 13% of in-person workers² who say the same.³

Those moves are already happening. In the most expensive metros, buyers are prioritizing affordability over commute times, with areas 60‒90 minutes outside the city center experiencing the fastest home value growth. This trend is echoed by moving data that shows pandemic-era movers are seeking larger, more affordable homes. 

Zillow’s own internal data offers a small case study in how remote work can spur people to move. After the company announced a permanent flexible workplace policy in October 2020, the monthly relocation rate jumped more than 45%, compared to typical relocation rates in 2018 and 2019.

“Lingering uncertainty over permanent flexible work policies suggests that we’re closer to the beginning of the Great Reshuffling than the end,” says Chris Glynn, Zillow senior managing economist. “As more people learn how often they’ll have to be at their workplace or make a job change to gain that flexibility, we expect to see more people move. Remote work will be a significant driver of housing demand for years to come, along with demographic trends.”

About Zillow Group

Zillow Group Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life’s next chapter.

As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions. 

Zillow Group’s brands, affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes Inc., Trulia®, Out East®, StreetEasy® and HotPads®. Zillow Home Loans LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).  

¹
 Zillow Group Population Science conducted a nationally representative survey of U.S. workers. The survey was fielded June 24–July 2, 2021 and asked 993 workers about their plans to work in person versus remotely. For more on survey methodology, contact [email protected].
² In-person workers refers to those that reported working at their employer’s location five days or more. Workers given the flexibility to work remotely refers to those who reported working somewhere other than their employer’s location at least one day a week.
³ Zillow Group Population Science collected a nationally representative sample of more than 1,000 Americans and fielded a survey between March 1 and March 7, 2021. To achieve national representativeness, quotas for home tenure, age, education, sex, region, race, income and marital status limited overrepresentation of any given demographic group in the survey sample. In addition to quotas, Zillow used statistical ranking to weight the sample to the U.S. Census Bureau American Community Survey 2019 sample of adults. For more on survey methodology, contact [email protected].

 

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SOURCE Zillow

ST. LOUIS, Sept. 14, 2021 /PRNewswire/ — Centene Corporation (NYSE: CNC) today issued a reminder that it will release its 2021 third quarter financial results at approximately 6 a.m. (Eastern Time) on Tuesday, October 26, 2021, and host a conference call afterwards at approximately 8:30 a.m. (Eastern Time) to review the results. Michael F. Neidorff, Chairman and Chief Executive Officer, and Drew Asher, Executive Vice President and Chief Financial Officer, of Centene Corporation will host the call.

Investors and other interested parties are invited to listen to the conference call by dialing 1-877-883-0383 in the U.S. and Canada; +1-412-902-6506 from abroad, including the following Elite Entry Number: 2846631, to expedite caller registration; or via a live, audio webcast on the Company’s website at www.centene.com, under the Investors section. 

A webcast replay will be available for on-demand listening shortly after the completion of the call for the next 12 months or until 11:59 p.m. (Eastern Time) on Tuesday, October 25, 2022, at the aforementioned URL. In addition, a digital audio playback will be available until 9 a.m. (Eastern Time) on Tuesday, November 02, 2021, by dialing 1-877-344-7529 in the U.S. and Canada, or +1-412-317-0088 from abroad, and entering access code 10160135.

About Centene Corporation
Centene Corporation, a Fortune 25 company, is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality, and cost-effective services to government sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace, the TRICARE program, and individuals in correctional facilities. The Company also serves several international markets, and contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and the development of its people, systems and capabilities so that it can better serve its members, providers, local communities, and government partners.

Centene uses its investor relations website to publish important information about the company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene’s investor relations website at: https://investors.centene.com/.            

View original content:https://www.prnewswire.com/news-releases/reminder-centene-corporations-2021-third-quarter-financial-results-conference-call-301376058.html

SOURCE Centene Corporation

MONETT, Mo., Sept. 14, 2021 /PRNewswire/ — Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, its ProfitStars^® division announced that more than 300 banks and credit unions are using its Gladiator Centurion Enterprise-Level Recovery™ (CELR) solution to secure the backup and recovery of mission-critical systems in the cloud.

Financial institutions are increasingly relying on Jack Henry as a partner to manage the backup and recovery of their systems; CELR is backing up 80% more financial institution data than it was 18 months ago. The high-demand comes as CELR addresses more marketplace needs, such as providing air-gapped cold storage, an environment where data is physically and electronically disconnected from all internet networks. This contributes to compliance with The Ransomware Self-Assessment Tool (R-SAT), a tool to help financial institutions mitigate the risks of ransomware developed by the Bankers Electronic Crimes Task Force, State Bank Regulators, and the United States Secret Service.

CELR sends a backup of all mission critical systems (including third-party data) to Jack Henry’s private cloud. All data is encrypted both in transit and at rest. In the event of a ransomware attack, disaster, or power outage, a financial institution could access their information remotely or from a Centurion recovery center. The rapid data restoration helps ensure business continuity and integrity of data, providing consumers with better access to their finances and reinforcing trust in their financial institution of choice.

Annette Hord, senior vice president at Citizens Bank & Trust Company of Campbellsville, Ky., said, “It was always important to us to have Jack Henry back up our systems in the event of a natural disaster. Today, with the added vulnerabilities from ransomware attacks, knowing that our backup is in air-gapped cold storage is vital to our continuity planning. It’s an added layer of defense that can preserve our data and our reputation as a trusted financial institution.”

Ransomware is a leading threat to companies today. The widespread, increasing attacks threaten an institution’s finances and reputation. A backup and recovery strategy like CELR is critical to a multi-layered defense. If prevention and detection fail, this mitigates disaster and can have a bank or credit union up and running within hours.

Matt Riley, President of ProfitStars, said, “Jack Henry is a trusted partner to banks and credit unions, providing them with experts that are committed to continually improving compliance and security best practices. As threats evolve, the rapid adoption of CELR is an example of how a full-service partner relationship can help banks and credit unions prepare for the worst case scenarios while continuing to build a bright future for their communities.”

About ProfitStars

ProfitStars^®, a division of Jack Henry & Associates, Inc.^®, helps financial institutions of every asset size and charter, and diverse corporate entities, proactively identify and prepare for risks and market changes that could negatively impact their business. ProfitStars’ industry-leading solutions and services include JHA Payment Solutions^TM, Information Security & Risk Management, Online & Mobile, Lending, Financial Performance, and Imaging/Data Management. These solutions help approximately 8,500 clients mitigate and control risks, optimize revenue and growth opportunities, contain costs, and drive future success. Additional information is available at www.profitstars.com.

About Jack Henry & Associates, Inc.

Jack Henry (NASDAQ: JKHY) is a leading SaaS provider primarily for the financial services industry. We are a S&P 500 company that serves approximately 8,500 clients nationwide through three divisions: Jack Henry Banking^® provides innovative solutions to community and regional banks; Symitar^® provides industry-leading solutions to credit unions of all sizes; and ProfitStars^® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in cloud-based digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at www.jackhenry.com.

Statements made in this news release that are not historical facts are forward-looking information.  Actual results may differ materially from those projected in any forward-looking information.  Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information.  Additional information on these and other factors, which could affect the Company’s financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements.  Finally, there may be other factors not mentioned above or included in the Company’s SEC filings that may cause actual results to differ materially from any forward-looking information. 

View original content:https://www.prnewswire.com/news-releases/300-financial-institutions-leverage-jack-henry-cloud-based-backup-and-recovery-solution-301375457.html

SOURCE Jack Henry & Associates, Inc.

NASHVILLE, Tenn., Sept. 14, 2021 /PRNewswire/ — Crayhill Renewables, the Nashville-based renewables affiliate of Crayhill Capital Management, and Exelon Generation Company, LLC, doing business as Exelon Power Services, operator of more than 30 gigawatts of generation assets, announced today a comprehensive lifecycle management program designed to support renewable energy projects by offering end-to-end financing and operational services.

The partnership provides the industry with a unique combination of renewable developer solutions that include pre-Notice to Proceed (“pre-NTP”) lending, transmission and development advisory, take-out equity from Crayhill Renewables, and post-Commercial Operations Date operating solutions from Exelon Power Services. Exelon Power Services combines the company’s operational expertise with its industry leading customer business to provide a complete spectrum of power plant management.  

This package offers project developers a single integrated solution for both financing and generation management, simplifying the complex path between early-stage development and project operations. This in turn will help accelerate the energy transition by empowering developers through Crayhill Renewable’s flexible capital products and Exelon Power Services’ capabilities in plant operations, energy management and other areas of support.

“This innovative program is designed to provide our customers with a full range of services to enable them to quickly bring renewable projects to market,” said Glen Robinson, Vice President of Exelon Power Services. “Our combined ability to offer capital, marketing and operations expertise can de-risk projects through their entire life cycle.” 

Erick Bauman, Managing Director of Crayhill Renewables, added, “We’re excited to partner with Exelon Power Services and bring to market these much-needed solutions for our project development partners. Crayhill and its principals have invested over $1 billion in pre-NTP assets. Now, our development partners can leverage the collective resources, knowledge and analytics of Crayhill and Exelon to scale their businesses rapidly to meet the growing demand for renewable energy across the United States.”

For more info visit the webpage: https://crayhillrenewables.com/#accelerantprogram; or, connect via email at: [email protected].

About Exelon Generation 

Exelon Generation Company, LLC, a subsidiary of Exelon Corporation (Nasdaq: EXC), is the nation’s largest producer of carbon-free energy, powering more than 20 million homes and businesses through a diverse generation fleet with approximately 30,000 megawatts of capacity. Exelon Generation owns and operates the largest U.S. fleet of zero-carbon nuclear plants with more than 17,800 megawatts from 21 reactors at 12 facilities in Illinois, Maryland, New York and Pennsylvania. It also owns and operates a diverse mix of wind, solar, hydroelectric, natural gas and oil facilities in 18 states with approximately 12,000 megawatts. Exelon Generation sets the standard for world-class power plant operations that produce clean, safe, reliable electricity, and is an active partner and economic engine in the communities it serves by providing jobs, charitable contributions and tax payments that help towns and regions grow. Follow Exelon Generation on Twitter @ExelonGen, view Exelon Generation YouTube channel, or visit www.exeloncorp.com.

About Crayhill Capital Management

Crayhill Capital Management is a New York-based, minority-owned alternative asset management firm that specializes in asset-based investment opportunities. The firm was launched in August 2015 and is registered with the U.S. SEC as an investment adviser. Crayhill strives to deliver capital solutions through tailored financing structures. Its asset-based investment strategies draw on deep sector expertise and relationships throughout the structured finance and specialty finance markets. For more information, please visit https://crayhill.com or email [email protected].

Crayhill Media Contacts:

Josh Clarkson / Nick Rust / Andrew Chironna
Prosek Partners
[email protected] / [email protected] / [email protected]

Exelon Generation Media Contacts:

Jeff Myers

[email protected]


Deena O’Brien

[email protected]


Mark Rodgers

[email protected]

View original content:https://www.prnewswire.com/news-releases/crayhill-renewables-and-exelon-power-services-launch-generation-management-and-developer-financial-services-platform-301375846.html

SOURCE Crayhill Capital Management

ARMONK, N.Y. and LITTLETON, Colo., Sept. 14, 2021 /PRNewswire/ — DISH Network Corporation (NYSE:DISH) selected IBM (NYSE:IBM) to help automate the United States’ first greenfield cloud-native 5G network. DISH’s new smart network will be designed to be agile, scalable and fully virtualized, benefitting enterprise customers across all industry verticals. DISH will leverage IBM’s AI-powered automation and network orchestration software and services to bring broad 5G network orchestration to DISH’s business and operations platforms. Intent-driven orchestration, a software-powered automation process, and artificial intelligence (AI) will be utilized to drive the operations of DISH’s cloud-native 5G network architecture.

DISH has engaged IBM Global Business Services to use IBM Cloud Pak for Network Automation software with DISH’s 5G network architecture. Central to this is the intent-based orchestration functionality designed to stitch hardware and software resources together more seamlessly and efficiently, expected to help DISH make network slicing possible and accelerate the creation and delivery of new services. 

IBM Cloud Pak for Network Automation software is designed to continuously learn, provide insights and use financial impact analysis to prioritize and manage issue resolution and network function. The ability to simultaneously regulate the lifecycle, optimize the performance and customer-specific needs of each slice on the network is a key differentiator for DISH as it seeks to drive innovation benefitting the enterprise market. 

DISH also plans to use advanced network slicing to offer new use cases and industry vertical opportunities that are customized to each business and customer who leverages the private hybrid 5G network. Network slices – individual pieces that comprise said network – will be managed by customers to set service levels for each device appropriate to their use of the network. For example, an autonomous vehicle can be supported by very low latency while an HD video camera can be allocated high bandwidth. 

“Our 5G build is unique in that we are truly creating a ‘network of networks,’ where each enterprise can custom-tailor a network slice or group of slices to achieve their specific business needs. IBM’s orchestration solutions leverage AI, automation and machine learning to not only make these slices possible, but to ensure they adapt over time as customer use evolves,” said Marc Rouanne, chief network officer, DISH Wireless. “With IBM, DISH is combining the speed and latency advances of 5G with the customization and intelligence of the cloud, and the result will be a paradigm shift for small businesses, large enterprises and the broader wireless industry.”

“This is a seminal moment for DISH and the global telecommunications industry,” said Steve Canepa, managing director, IBM Global Communications Sector. “By utilizing IBM’s AI-powered automation and intent-driven network orchestration software, DISH can develop and deploy network offerings, applying advanced AI with IBM Watson and orchestration capabilities to help optimize network operations and performance. As a result, DISH can accelerate time to market for new innovative services powered by a secured, automated, intelligent and agile 5G network.” 

IBM Global Business Services has been engaged to provide multi-vendor implementation and integration of the business support systems functions with the goal of helping to improve DISH’s customer sales and service experience for advanced, modern and highly dynamic network services. By supporting self-managed to fully managed networks, DISH will be able to offer customers the freedom to focus on other important business priorities.

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only.

About DISH:

DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation’s first virtualized, O-RAN 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 200 company.

About IBM:


To learn more about IBM Global Business Services, please visit https://www.ibm.com/services. For more information about IBM Cloud Pak for Network Automation, please visit https://www.ibm.com/cloud/cloud-pak-for-network-automation

Media Contacts:

IBM:

Hanna Smigala

[email protected]

Charlotte Bergmann

[email protected]

DISH:

Meredith Diers

[email protected]

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SOURCE IBM

RESTON, Va., Sept. 14, 2021 /PRNewswire/ — Leidos (NYSE:LDOS), a FORTUNE^® 500 science and technology leader, was recently awarded the Paper and Remittance Processing Support (PRPS) III prime contract by the Internal Revenue Service (IRS). Through this contract Leidos will support two IRS systems to streamline the processing of paper tax filings, information returns and remittances. The single-award, firm fixed-price task order holds an approximate value of $65 million.

“We are proud to support the IRS while providing low-risk solutions to help secure taxpayer information,” said Leidos Civil Group President Jim Moos. “Through this contract Leidos will optimize these critical systems and support their journey to greater efficiencies for the American taxpayer. We look forward to expanding our support for this essential service.”

The scope of this contract work includes assisting the IRS’s four service centers by providing software engineering support, testing and quality assurance and both mission operation and maintenance services. This also includes reinforcing the underlying hardware and software of two systems – the Integrated Submission and Remittance Processing System (ISRP) and the Service Center Recognition Image Processing System (SCRIPS). Both systems convert paper tax filings and information returns to electronic formats. They also process paper checks for tax remittances. ISRP and SCRIPS must operate without interruption to accurately digitize taxpayer-submitted data.

Leidos has supported the annual filing season for the last decade and dozens of legislative changes, including revised 1040 forms, Affordable Care Act information returns, Foreign Account Tax Compliance Act changes and others.

About Leidos

Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, civil, and health markets. The company’s 43,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Va., Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021. For more information, visit www.Leidos.com.

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in the company’s Annual Report on Form 10-K for the period ended January 1, 2021, and other such filings that Leidos makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Contact:             

Melissa Dueñas 
(571) 526-6850 
[email protected]

Thomas Doheny 
(571) 474-4735 
[email protected]

Alyssa Pettus  
(571) 992-5499  
[email protected] 

 

View original content:https://www.prnewswire.com/news-releases/leidos-awarded-65-million-irs-systems-support-contract-301376059.html

SOURCE Leidos Holdings, Inc.

LAKE SUCCESS, N.Y., Sept. 14, 2021 /PRNewswire/ — The Hain Celestial Group, Inc. (Nasdaq: HAIN) (“Hain Celestial”, “Hain” or the “Company”), a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East, today announced that on Tuesday, September 28, 2021, the Company will host an Investor Day. Management’s presentation will begin at 10:00 a.m. Eastern Time followed by Q&A.

The webcast can be accessed on Hain Celestial’s website at www.hain.com under Investor Relations and the Press & Events section.

About The Hain Celestial Group, Inc.
The Hain Celestial Group (Nasdaq: HAIN), headquartered in Lake Success, NY, is a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East. Hain Celestial participates in many natural categories with well-known brands that include Celestial Seasonings®, Clarks™, Cully & Sully®, Earth’s Best®, Ella’s Kitchen®, Frank Cooper’s®, Gale’s®, Garden of Eatin’®, Hain Pure Foods®, Hartley’s®, Health Valley®, Imagine®, Joya®, Lima®, Linda McCartney’s® (under license), MaraNatha®, Natumi®, New Covent Garden Soup Co.®, Robertson’s®, Rose’s® (under license), Sensible Portions®, Spectrum®, Sun-Pat®, Terra®, The Greek Gods®, Yorkshire Provender® and Yves Veggie Cuisine®. The Company’s personal care products are marketed under the Alba Botanica®, Avalon Organics®, JASON®, Live Clean® and Queen Helene® brands.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hain-celestial-announces-investor-day-webcast-301375697.html

SOURCE The Hain Celestial Group, Inc.

LEXINGTON, Mass., Sept. 14, 2021 /PRNewswire/ — iSpecimen Inc. (Nasdaq: ISPC) (“iSpecimen” or the “Company”), an online marketplace for human biospecimens, today announced that it will be included in the Russell Microcap^® Index, effective after the U.S. market opens on September 20, 2021, as part of the 2021 Russell indexes reconstitution.

Membership in the Russell Microcap^® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell indexes are part of FTSE Russell, a leading global index provider. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

“Our inclusion to the Russell Microcap Index is an important milestone and reflects iSpecimen’s efforts and growth as we continue to streamline the biospecimen procurement process. We believe joining this index will bolster our visibility and exposure across the global investment community,” said Christopher Ianelli, MD, PhD, CEO and President of iSpecimen. “This also comes at an important time for us, as we continue to refine the iSpecimen Marketplace platform to empower researchers in advancing scientific discovery.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets were benchmarked against Russell’s U.S. indexes, as of the end of 2020. For more information on the Russell Microcap^® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit www.ftserussell.com.

About iSpecimen
iSpecimen offers an online marketplace for human biospecimens, connecting life scientists in commercial and non-profit organizations with healthcare providers that have access to patients and specimens needed for medical discovery. Proprietary, cloud-based technology enables scientists to intuitively search for specimens and patients across a federated partner network of hospitals, labs, biobanks, blood centers, and other healthcare organizations. For more information about iSpecimen, please visit www.ispecimen.com.

Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as “may,” “will,” “expect,” “intend,” “anticipate,” believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the risks factors contained in the Company’s filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. Forward-looking statements speak only as of the date they are made. New risks and uncertainties arise over time, and it is not possible for the Company to predict those events or how they may affect the Company. If a change to the events and circumstances reflected in the Company’s forward-looking statements occurs, the Company’s business, financial condition and operating results may vary materially from those expressed in the Company’s forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, please contact:

Investor Contact
KCSA Strategic Communications
Allison Soss / Scott Eckstein
[email protected]

Media Contact

Kaitlynn Cooney

For iSpecimen
[email protected]
609.351.5944

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SOURCE iSpecimen Inc.